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Global shipping finance transparency initiative reveals closer alignment with climate goals

Ship financiers’ lending portfolios are getting closer to reaching climate alignment with the International Maritime Organization’s (IMO) ambitious decarbonisation trajectories, with average scores against...

Odfjell has launched the first operational green corridor between Brazil and Europe

Based on certified sustainable biofuel, this initiative sets a new benchmark for deep-sea decarbonization, demonstrating that low-carbon solutions are available today. “Our chemical tankers are...

Shell prepares to launch new drilling campaign offshore Namibia

Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy...

MISC and China Offshore Secure Approval in Principle from ABS for Ammonia FPSO Concept

MISC Berhad (MISC) and China Offshore Engineering & Technology Company Limited (China Offshore) have received the Approval in Principle (AiP) from the American Bureau...

Dalian iron ore hits five-month low as China plans to regulate steel exports

Prices of Dalian iron ore fell on Monday to hit their lowest level in more than five months, as top consumer China’s plan to...

Baltic index edges lower on weaker panamax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged down on Monday, pressured by weaker...

US preparing to seize more tankers off Venezuela’s coast after first ship taken, sources say

The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on...

ONE Boxship loses containers overboard off Gran Canaria

The container ship ONE Continuity has pulled into port in the Canary Islands for assistance after losing about 50 boxes over the side in...

Vafias Group: MAGIC WAND rescued people in Algeria

The tanker Magic Wand of the Vafias Group saved lives in Algeria, when it received a distress signal from local authorities for people in...

US seized tanker near Venezuela just as warrant was set to expire, court document shows

The U.S. government carried out its seizure of the M/T Skipper off the coast of Venezuela on Wednesday just as a judge-signed warrant was...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...